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Brown Cafe UPS Forum
Life After Brown
We're buying a house.
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<blockquote data-quote="satellitedriver" data-source="post: 520694" data-attributes="member: 1664"><p>Nice looking home.</p><p>The advice given before is dead on.</p><p>Inspection is key.</p><p>My advice is to pay it off as soon as possible.</p><p>Buy into the back of the loan.</p><p>All home loans are amortized, interest first and principle last.</p><p>Every month send what ever you can afford, in a separate check with the notation "for principle only".</p><p>It does not matter if it is $5, $50 or $500. The interest payment money you will save over time is truly amazing.</p><p>Good Luck,</p><p>and make that house a Home.</p><p>As Always,</p><p>Steve</p></blockquote><p></p>
[QUOTE="satellitedriver, post: 520694, member: 1664"] Nice looking home. The advice given before is dead on. Inspection is key. My advice is to pay it off as soon as possible. Buy into the back of the loan. All home loans are amortized, interest first and principle last. Every month send what ever you can afford, in a separate check with the notation "for principle only". It does not matter if it is $5, $50 or $500. The interest payment money you will save over time is truly amazing. Good Luck, and make that house a Home. As Always, Steve [/QUOTE]
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